Company to launch generic products to aid Covid-19 treatment in India, first being Liposomal Amphotericin B to treat black fungus
We finally witnessed a decisive price and volume breakout from the recent congestion zone in Strides Pharma
Vaccine unit will manufacture up to 800 million doses of vaccines annually
India has now become one of the biggest producers of Sputnik V outside of Russia. Other countries that are producing it include South Korea, Brazil and China
Entity Stelis Biopharma to require up to $100-mn additional funds in 3 years
Former HDFC Bank managing director Aditya Puri has joined global pharma major Strides Group as an advisor and will also serve as a director of its associate company Stelis Biopharma.
In talks with global players seeking manufacturing opportunity for potential Covid-19 vaccine
Drug firm Strides Pharma Science on Tuesday said its step down subsidiary has received approval from the US health regulator for Ethacrynic Acid tablets, used to treat fluid retention (edema)
The company had reported a strong improvement in profitability in Q1 despite Ranitidine suspension in Q4.
The company reported strong performance across all businesses in Q1FY21 despite significant disruptions and ambiguity in the business environment due to Covid 19.
Drug firm Strides Pharma Science on Thursday said it has received approval from the US health regulator for generic Prednisone tablets used as an anti-inflammatory medication. Strides Pharma Global Pte Ltd, Singapore, company's step-down wholly owned subsidiary, has received approval for Prednisone tablets USP in the strength of 1 mg from the United States Food & Drug Administration (USFDA), Strides Pharma Science said in a filing to the BSE. The product is a generic version of Schering Corporation's Meticorten tablets in the same strength, it added. The product will be manufactured at the company's facility at Bengaluru and will be marketed by Strides Pharma Inc in the US market,the filing said. According to IQVIA MAT July 2020 data, the US market for Prednisone tablets USP 1 mg is approximately USD 12 million (about Rs 88 crore), it added. Prednisone belongs to a class of drugs known as corticosteroids and is used as an anti-inflammatory or an immunosuppressant medication. It i
Ursodiol is used for treatment of patients with primary biliary cirrhosis (PBC)
In a Q&A, pharma major's MD & CEO, R Ananthanarayanan says the firm is setting up a vaccine suite and is in final-stage talks with global players to seal a deal for developing a Covid-19 vaccine
Glenmark was the first Indian firm to get approval from regulator to conduct trials on Favipiravir tablets, which are otherwise used to treat influenza
Favipiravir is manufactured under the brand name Avigan by a unit of Japan's Fujifilm Holdings Corp and was approved for use as an anti-flu drug in the country in 2014
Firm says will apply to Indian pharma authorities to start studies
The Bengaluru-headquartered company posted a 358 per cent rise in net profit at 101 crore as compared to the corresponding quarter of the previous financial year
The Bengaluru-headquartered company believes Stelis could be a disruptor in insulin accessibility and affordability.
Ranitidine sales account for 2 per cent of Strides sales and 6 per cent of its profit after tax
It had posted a loss of Rs 8.70 crore for the corresponding period of FY19.